Jane Technologies Raises $100M
Santa Cruz Works proudly announces another big win for Jane Technologies. Jane Technologies was a graduate of Santa Cruz Accelerates in 2018. Socrates Rosenfeld was Titan of Tech in 2019 and TECHie of the Year at the 2019 NEXTies. See videos below. Article below credit to TechCrunch.
Today, Jane Technologies is announcing a $100 million Series C financing round, bringing the total amount raised since its founding in 2015 to $130 million. Honor Ventures lead the round, and founding Managing Partner Jeffrey Housenbold joined Jane Technologies’ board of directors.
Jane Technologies expects to use the additional capital to grow its digital footprint and its teams across multiple areas of operations. The company intends to build new features and expand its product offering for large and small cannabis operations.
Socrates Rosenfeld, Jane Technologies co-founder and CEO, is quick to point out Jane’s current positioning is a long time in the making. In an interview with TechCrunch, he says that this was a bet the company made in 2015 that the future of e-commerce is not a marketplace, but the complete digitization of all commerces.